First American Financial Corporation (FAF)
NYSE: FAF · Real-Time Price · USD
74.22
-0.93 (-1.24%)
Aug 7, 2026, 4:00 PM EDT - Market closed
First American Financial Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 747.2 | 625.2 | 132.6 | 215.5 | 265.3 | 1,249 |
Depreciation & Amortization | 218.9 | 216.2 | 207.4 | 188.5 | 167.5 | 158.4 |
Stock-Based Compensation | 61 | 68.4 | 52 | 49.1 | 67.3 | 53.6 |
Other Adjustments | 249 | 263.2 | 717.6 | 552.4 | 1,021 | 205.1 |
Changes in Receivables | -40.5 | -57.4 | 126.2 | -159.1 | 82.7 | -48.2 |
Changes in Accounts Payable | 23.2 | 74.8 | 45.9 | -51.9 | -265.9 | 115 |
Changes in Unearned Premiums | 4.1 | 3.3 | 13.7 | -0.1 | -27.9 | -47.1 |
Changes in Claims Reserves | -374.2 | -358.4 | -397.8 | -381.8 | -434.3 | -482.3 |
Changes in Income Taxes Payable | 154.7 | 149.6 | 35.2 | -60.8 | -130 | 53 |
Changes in Other Operating Activities | -17 | -34.1 | -35.3 | 2.5 | 31.8 | -36.7 |
Operating Cash Flow | 1,004 | 950.8 | 897.5 | 354.3 | 777.6 | 1,220 |
Operating Cash Flow Growth | 15.34% | 5.94% | 153.32% | -54.44% | -36.26% | 12.43% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -171.7 | -188.3 | -218.3 | -263.4 | -259.8 | -160.5 |
Sale of Property, Plant & Equipment | 0.9 | 0.6 | 0.6 | 0.1 | 6.8 | 17.8 |
Purchases of Investments | -3,891 | -2,973 | -6,344 | -1,459 | -3,137 | -6,337 |
Proceeds from Sale of Investments | 2,117 | 2,003 | 6,208 | 2,560 | 3,166 | 3,107 |
Cash Acquisitions | 1.2 | -2.5 | -16.4 | -24.7 | -277.5 | -186.8 |
Other Investing Activities | -214.9 | -295.1 | -88.6 | -214.2 | 109.9 | 166.5 |
Investing Cash Flow | -2,159 | -1,456 | -458.7 | 599.5 | -393 | -3,393 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | 54,590 | 44,062 | 28,408 | 13,384 | 15,533 | 24,602 |
Short-Term Debt Repaid | -54,438 | -43,800 | -28,318 | -13,197 | -15,895 | -24,593 |
Net Short-Term Debt Issued (Repaid) | 151.7 | 261.8 | 90.5 | 187 | -362.7 | 9.1 |
Long-Term Debt Issued | - | - | 444 | - | - | 641.9 |
Long-Term Debt Repaid | -3.5 | -3.7 | -304.2 | -256.2 | -6.9 | -6.4 |
Net Long-Term Debt Issued (Repaid) | -3.5 | -3.7 | 139.8 | -256.2 | -6.9 | 635.5 |
Issuance of Common Stock | - | 7 | 6.9 | 0.4 | 2.5 | 6.3 |
Repurchase of Common Stock | -88.7 | -122.3 | -68.5 | -72.7 | -440.7 | -99.2 |
Net Common Stock Issued (Repurchased) | -88.7 | -115.3 | -61.6 | -72.3 | -438.2 | -92.9 |
Common Dividends Paid | -224.3 | -223 | -220.7 | -216.6 | -217.5 | -213 |
Other Financing Activities | 1,915 | 241.4 | -2,257 | 1,781 | 448.9 | 1,787 |
Financing Cash Flow | 1,754 | 161.2 | -2,309 | 1,423 | -376.4 | 2,126 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -5.3 | 13.1 | -16.6 | 4.9 | -12.7 | -0.4 |
Net Cash Flow | 593.6 | -330.8 | -1,887 | 2,382 | -4.5 | -47.5 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 832.3 | 762.5 | 679.2 | 90.9 | 517.8 | 1,059 |
Free Cash Flow Growth | 24.88% | 12.26% | 647.19% | -82.45% | -51.12% | 9.10% |
FCF Margin | 10.42% | 10.23% | 11.08% | 1.51% | 6.81% | 11.49% |
Free Cash Flow Per Share | 8.07 | 7.35 | 6.51 | 0.87 | 4.83 | 9.51 |
Levered Free Cash Flow | 1,106 | 1,101 | 410 | -37.6 | -590.9 | 1,968 |
Unlevered Free Cash Flow | 1,090 | 965.5 | 301.13 | 134.36 | -143.25 | 1,386 |